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2925 N Tejon St, Colorado Springs, CO, 80907

$625,000

Home List Price

$7,422*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,661 SqFt
$376/SqFt
House

Location

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2925 N Tejon St, Colorado Springs$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Year Built1914
HeatingForced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceNone
MLS #6537008
Lot Size0.22 Acres
StatusActive

About 2925 N Tejon St

This property offers both an investment opportunity and the potential for personal living! Prepare to be impressed by the incredible income this property generates. Situated in a prime and up-and-coming location in COS, with the Nevada overlay with the city, this property holds significant value. Built in 1916 and restored, this gem is an original home in Colorado Springs.The front of the property features a charming residential home with 2 bedrooms, an office space, and a fully updated bathroom.Unfinished basement area.This overlay allows for multiple types of builds and expansions. Furnished as a mid-term rental, the furniture and decor can be negotiated if you wish to continue renting it furnished for mid-term stays.Fencing offers privacy and security. The house features a spacious driveway and a garage, which, with some work, can potentially be converted into an accessory dwelling unit (ADU). This presents an exciting opportunity for additional living space. Furthermore, with the Nevada overlay, the garage could be torn down to make way for a two-story unit, providing even more possibilities for development.The hidden treasure lies in the nearly 2000 sq ft shop located at the back of the lot, accessible through the alley. Currently rented, the shop presents an immediate income opportunity. It has been updated, with repairs made to the roof and new siding. The shop features heating, and a finished bathroom with a water heater, ensuring comfort and convenience. The additional parking space adds to the property's practicality. This property presents an opportunity for investors and those seeking a unique place to call home. With its prime location, restoration, potential for additional units, and income-generating capabilities, it is an opportunity not to be missed. Seize the moment and explore the possibilities this property has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 1,661 SqFt

Listing Office:

  • Office Name: Twin Peaks Realty
  • Office Phone: (719) 290-7828
  • Listing Agent: Kayla Hepner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Workshop

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $376/SqFt

Tax Information:

  • Annual Amount: $1,051
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

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Colorado Springs, CO

City

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

2925 N Tejon St vs Colorado Springs

115 DAYS ON ROCKET

+75 Days

$625,000

+$170K More

$376/SqFt

+$144 More

KEY TAKEAWAY

This property is $170K more than the Median Sold Price and $144/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6537008

Listing Office:

  • Office Name: Twin Peaks Realty
  • Office Phone: (719) 290-7828
  • Listing Agent: Kayla Hepner

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2021Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,051$15,480
2019$975$15,480
2018$924$13,300
2017$754$13,300

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-444978
4
/10

  • Edison Elementary School

  • 3125 N Hancock Ave

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-444979
8
/10

  • Steele Elementary School

  • 1720 N Weber St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-444980
6
/10

  • Stratton Elementary School

  • 2460 Paseo Rd

  • 1.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,000. Most Colorado Springs, CO residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2925 N Tejon St

What is the listing price of this property?

The listing price of 2925 N Tejon St property is $625,000.

What type of property is this?

The property 2925 N Tejon St is a house located in Colorado Springs, Colorado, 80907.

Is this property for sale now?

Active Listing: 2925 N Tejon St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,051 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 12, 2021 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2925 N Tejon St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2925 N Tejon St is 1,661 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2925 N Tejon St is 1914.

Rocket Homes›Colorado›El Paso County›Colorado Springs›80907›2925 N Tejon St

This home is located at 2925 N Tejon St in Colorado Springs, CO and zip code 80907 in the Central Colorado Springs neighborhood. This 1,661 square foot home, which was built in 1914, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $625,000.

Colorado Springs, CO housing market in October 2024 saw over 52 listings sold above listed price, more than 66 sold at listed price and over 99 sold below. Between September 2024 and October 2024, Colorado Springs, CO real estate market has seen increase in the number of listings by 26.2%. The median list price of listings available in October 2024 was $455,000, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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